Mumbai: Banking shares on Wednesday dragged down the stock markets for first time in six days with the benchmark S&P BSE Sensex sliding 211.45 points to 20,090.68 after the RBI took additional st

Mumbai: The Reserve Bank today imposed a fine of Rs 5 crore on Axis Bank, Rs 4.5 crore on HDFC Bank and Rs 1 crore on ICICI Bank for violation of KYC norms and anti-money laundering guidelines after

Bengaluru: A pan-India undercover investigation by Cobrapost.com has found that Axis Bank, ICCI and HDFC were engaged in money laundering, flagrantly violating various RBI guidelines, the provisions

Panic gripped a HDFC Bank branch in Indiranagar on Friday afternoon when a man covering his face with bandage threatened to trigger a bomb in his jacket, and almost got away with `13 lakh cash. But an

Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) on Friday as part of the U.S. bank's efforts to shore up its capital base, three

Citigroup Inc said it sold its stake in Housing Development Finance Corp for $1.9 billion, as the bank steps up efforts to strengthen its capital base.

Citi said on Friday it would likely record an a

U.S. private equity giant Carlyle Group has sold about 20 million shares of Housing Development Finance Corp in market deals on Wednesday, the chief executive of the Indian mortgage lender said, citin

India's largest home lender Housing Development Finance Corp (HDFC) on Monday reported a 20.2 per cent rise in net profit for the quarter ended Sep 30 at Rs.970.7 crore.

Income from operations rose 4

Reliance Communications on Thursday said it has received a Rs 1,400 crore order from financial lender HDFC Bank for construction and maintenance of a data centre.

The project is the largest-ever out

Citi group on Tuesday said it has reduced its stake in mortgage lender HDFC to 9.9 per cent from 11.4 per cent, a deal the US bank said would give it a pre-tax profit of about $160 million.